| NOVA latest price $11.5200 (4.63%) ($10.9100 - $11.8800) on Fri. Sep. 6, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.05% (three month average) |
RSI | 52 |
Latest Price | $11.5200(4.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 2.2% a day on average for past five trading days. |
Weekly Trend | NOVA advances 3.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) ICLN(72%) ACES(64%) TAN(64%) IWO(56%) IBUY(53%) |
Factors Impacting NOVA price | NOVA will decline at least -2.025% in a week (0% probabilities). VIXM(-31%) VXX(-13%) UUP(-11%) TBT(-6%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.025% (StdDev 4.05%) |
Hourly BBV | 0 () |
Intraday Trend | 5.2% |
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